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Bitcoin entrepreneur Kain Warwick is proving to be one of the best buyers in Sydney’s beachside eastern suburbs since the cryptocurrency boom, securing luxury houses from North Bondi to Tamarama and now Bronte for a total of $33.25 million.
The most recent purchase by the 40-year-old founder of derivatives trading platform Synthetix is the Bronte home of online gambling website founder Joshua Chan for $12.2 million – rumoured to be a home for his parents, Allana and Kim Warwick, the latter of whom is the renowned tennis legend and six-time grand slam champion.
Warwick’s purchase in a company name he owns with his wife Raphaella almost triples the $4.55 million Chan paid for the house in 2012 and was well above the $9.5 million guide offered by Raine & Horne’s Ric Serrao and PPD’s Alexander Phillips.
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Inside the palatial mansion that a discount supermarket built - complete with sweeping ocean views and a floating table that doubles as a WATERFALL
On the ground floor of a palatial multimillion dollar mansion is a floating table that doubles as a water feature
The house in Palm Beach was owned by Angela Fleming, widow of late supermarket pioneer, Jim Fleming
Designed by Gartner Trovato Architects, it has four bedrooms, four bathrooms and an indoor swimming pool
The three-storey also boasts a steam room and a terrace with a retractable roof at the heart of the house
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